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HomeMy WebLinkAbout24-10 Extending the Approval of a Minor Subdivision Plat for Certain Real Propert7 Located Within Firelight Park Minor SubRESOLUTION NO.24-10A A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO, EXTENDING THE APPROVAL OF A MINOR SUBDIVISION PLAT FOR CERTAIN REAL PROPERTY LOCATED WITHIN FIRELIGHT PARK MINOR SUBDIVISION WHEREAS, the Board of Trustees, by duly -adopted Resolution No. 22-79, dated July 13, 2022, approved the Firelight Park Minor Subdivision Plat (the "Minor Plat"), submitted by Fire Voyage Ventures LLC ("Applicant"), as owner of certain real property located within Firelight Park (the "Property"); and WHEREAS, on October 26, 2022, the Board of Trustees, by duly -adopted resolution, extended the date of approval of the Minor Plat to February 13, 2023; and WHEREAS, on February 8, 2023 the Board of Trustees, by duly -adopted resolution, extended the date of approval of the Minor Plat to June 13, 2023; and WHEREAS, on June 14, 2023 the Board of Trustees, by duly -adopted resolution, extended the date of approval of the Minor Plat to September 13, 2023; and WHEREAS, on September 13, 2023 the Board of Trustees, by duly -adopted resolution, extended the date of approval of the Minor Plat to December 12, 2023; and WHEREAS, Applicant has requested again that the Board of Trustees extend the date of approval of the Minor Plat for a period of one hundred and twenty (120 days) to April 10, 2024; and WHEREAS, the Board of Trustees has reviewed Applicant's request and, based on the application materials, has determined that there are no reasons to deny a fifth extension of time. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. The Board of Trustees hereby approves a ninety -day extension for the Firelight Park Minor Subdivision Plat to April 10, 2024, having an effective date of January 10, 2024, but subject to the following conditions: (a) All conditions of the original Firelight Park Minor Subdivision Plat approval from July 13, 2022, as set out in Resolution No. 22-79, shall remain valid and in full force and effect, and shall apply to the extension request; and (b) If not executed and recorded by April 10, 2024, the Firelight Park Minor Subdivision Plat shall lapse, unless extended by resolution of the Board of Trustees. Section 2. Any delay or lapse between the adoption of this resolution and the effective extension date set forth in Section 1(b) of Resolution No. 23-94 shall not be deemed to be a condition of default by Applicant under Resolution No. 23-94 or to render the Firelight Park Minor Subdivision Plat null and void. Section 3. Unless otherwise extended by resolution of the Board of Trustees, the approval of the Firelight Park Minor Subdivision Plat, and the extension thereof, as provided by Resolution No. 22-79, Resolution No. 22-112, Resolution No. 23-25, Resolution No. 23-68, Resolution No. 23-94, and this Resolution, shall be null and void if the conditions set forth in Section 1 are not satisfied. PASSED AND ADOPTED this 1 h day of January, 4. Drew Alan Peterson, Mayor ATTEST: STOAI Knstli Bashor, Town Clerk rf TOWN APPROVE AS TO it SEAL' �Q NTY,,.C'� William P. Hayashi, To Attorney 2 RESOLUTION NO.22-79 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO, APPROVING A MINOR SUBDIVISION PLAT; AND ACCEPTING THE PROPERTY INTERESTS DEDICATED BY THE MINOR SUBDIVISION PLAT FOR CERTAIN REAL PROPERTY LOCATED WITHIN FIRELIGHT PARK MINOR SUBDIVISION PLAT; AND AUTHORIZING A SUBDIVISION DEVELOPMENT AGREEMENT PERTAINING TO THE FIRELIGHT PARK MINOR SUBDIVISION PLAT WHEREAS, Voyage Ventures LLC ("Applicant"), as owner of certain real property located within Firelight Park (the "Property"), has submitted a proposed minor plat for the Property, entitled "Firelight Park Minor Subdivision Plat" (the "Minor Plat"); and WHEREAS, the Firestone Planning and Zoning Conunission, after conducting a public hearing on the proposed Minor Plat on June 16, 2022, rendered a decision recommending approval of the Minor Plat with two (2) conditions as more fully set forth in PC-22-08, dated June 16, 2022; and WHEREAS, on July 13, 2022, the Board of Trustee conducted a public hearing on the proposed Minor Plat; and WHEREAS, after reviewing the evidence and argument presented at the Board of Trustees, the Board of Trustees finds the proposed Minor Plat to be in substantial compliance with the technical requirements of the Firestone Development Code; and WHEREAS, the Board of Trustees of the Town of Firestone believes it is in the best interest of the Town and its citizens to accept the Firelight Park Minor Subdivision Plat Subdivision Agreement and to accept financial guarantees for improvements to be constructed by the Applicant. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. The above Recitals and Findings of the Board of Trustees are hereby incorporated into this resolution. Section 2. The Board of Trustees hereby approves the Firelight Park Minor Subdivision Plat, attached hereto as Exhibit A and incorporated herein by this reference, subj ect to and contingent upon compliance with the following conditions: (a) All minor, technical corrections to the Firelight Park Minor Subdivision Plat shall be made to the Town's satisfaction. (b) Final Construction Documents shall be approved by the Town Engineer prior to the start of constriction activities. EXHIBIT A Firelight Park Minor Subdivision Plat Section 3. The Firelight Park Minor Subdivision Plat Subdivision Development Agreement between the Town of Firestone and Voyage Ventures LLC is hereby approved in the form substantially similar to the form attached hereto as Exhibit B. The Mayor is authorized to execute the Subdivision Development Agreement on behalf of the Town. Section 4. The ,dedication of all easements and all other places designated for public use as shown upon the Firelight Park Minor Subdivision Plat are hereby accepted by the Town of Firestone, subject however, to the condition that the Town shall not undertake maintenance of any easement or other place designated for public use until after construction of all necessary public improvements has been satisfactorily completed by the land owner and accepted in writing by the Town of Firestone. Section 5. The Mayor and Town Clerk are hereby authorized and directed to certify upon the Firelight Park Minor Subdivision Plat the Town's approval and acceptance thereof. The Town Clerk is hereby authorized and directed to file the subdivision plat with Weld County Clerk and Recorder's office upon fulfillment of all conditions as indicated herein. Section 6. Unless otherwise extended by resolution of the Board of Trustees, the approval of the Firelight Park Minor Subdivision Plat shall be null and void if the conditions set forth in Section 2 are not complied with within one hundred and twenty (120) clays of the date of this Resolution. PASSED AND ADOPTED thisay of July 2. ATTEST: • -g, Town fill • 2 Alan Peterson, Mayor EXHIBIT A Firelight Park Minor Subdivision Plat W W LL ss m Oya€`a^ dug$ 'J"Hi a410 3 tl t 8 zb g8 tS� LVe gad $ 3 45 a g g fi �X.b s p a ^q^ a AWL U 96 49 aWaa a CD 6 w x I— F- a F- p $ a$ Z °— O O w$ C� �z O € IIld a F F g< F F m 0 im N a I C d � � 9 z0 < �ww ' 8 < O" O Z O U �i -$ $ o o Q PO U h- r a � �a a � Q 12 LLI Cl) mCl) LLI� ° g g LL CD o�t� a m 3 G m W Mo r� �co x Z) O fn " wo $m $@ $g LL@ 119 O .� r gym' .. b 2 9 vill 1 d K d AN $z < 13b 9 a o $$$ os3 12 phi e"mg IN, F Hb *gym 8 €�o�: g mam e$ o 1 op $ bs maaa $ a a o'n8 a mG 8 bo 3' 3< 3 3 .�aBLS o m m m k a g 8 a� F � 9 �a till%mnC Q 0 w W J a U Z CL a 2 (o m W 2 LL 00 L cog O �0 roc) _ W U LL z0 > g�ww ppF-o Z —I CO r LL 5 cn ri. CD � � oZWOZ o W inUUQ C 2zzoU L 1-Oo L wco W o� wo Li :o C0 L CD �F- D 0 CD W x IL 0 z 0 0 a Q 8 0 0 u —ems 'a o U N I -iz I eaiK I a`gr Im lai I I J P3S I I I I I tl S Age 1- 1 'ic, 3m 11$, e e Rd I £�a ssss fi fifi 6 6 a a o ME a a ff aa$aa. .$a$� n�sd agaaaa ��m Si t? 1 + as=yza� os�<zoa§x g �sa I I mdm I I �. �8 �$ I I �a =s Z � p 8 w U � o U Z a x co w x LL 00 F� O J cCO0 0 W U CD LL ZO F— 00 9 Z J CO CV cn d NLL i— CO 0 Z cn z e h-0ww L6 0 w , x: OZo0 I= 0 a, -3 r w w � w a 0 U- V 0 ' I �o I F c I I x 0 I I1 w I I H LL 0 I I ZO 1 I W 1 a 1 I M31AUIV 3.fC,3M' _.- S1N9Ltl38 x s6 a 88888888 HUME `G 3aaaa4a3 zi ne°ige,nrai�' �� e rl �I 19'L/C M,OL,H.09 R I r------L-= I ,SL'fLL I R III ala ^ f6'f9E 3.OZ./9.ON --- I Lx] :]�AINI°°'� II I IRI Il e l l l Rllkl I� <p I I l�[sv]1umnPtll— 11 1 I .99GOL �_.ai§ -.L9'M9 — L,9mh 1ui10 Pt� Zl — ..Ot'9LZ. I _ — _ _ — _ _ _ — — _ — _. --I Ill EXHIBIT B Firelight Park Minor Subdivision Plat Subdivision Development Agreement {FINAL PLAT NAME} SUBDIVISION AGREEMENT THIS SUBDIVISION AGREEMENT ("Agreement") is made and entered into this day of 20_5 by and between the TOWN OF FIRESTONE, a Colorado municipal corporation, PO Box 750, Firestone, Colorado, 80516, hereinafter referred to as "Firestone" or "Town," and {OWNER NAME), a {State} corporation, {Address, City, State, Zip Code}, hereinafter referred to as "Owner;" and WHEREAS, Owner has submitted a Final Plat for•' Final Plat Name} ("Development") attached hereto as "Exhibit A" and incorporated herein -by r:'eference. Said Final Plat has been approved by Firestone; and , WHEREAS, The Town has reviewed its'Water Supply Plan' 5"wh\ch addresses the Town's existing water obligations and its present and(future water supplies. The Town has also reviewed its Conservation Plan and its Municipal Code regarding water dedications, and has determined, at its sole discretion, that it will be able to provide an,adequate water supply toes rove the Properties water needs at full build out pursuant 'to -Section 29-20 ;301 C R.S. et seq. As a term and condition of providing said water, the Developer hereby agrees to comply with the Town's Municipal Code regarding water dedications and cash in 1 u-of water ded ci ations; and WHEREAS, the -regulations of Firestone i with Firestone relative to improvements related to WHEREAS, this `standard'agreement h addition of certain special"provisions;: if any, in agree as enter into an Agreement modified by the parties as indicated by the IIX. foregoing, the parties hereto promise, I. TOWN"ADMINISTRATIVE OFFICIAL For the purposesof�this Agreement, "Town Administrative Official" shall be defined as the Town Manager or his or her•designee.) I H. DEVELOPMENYOBLIGATION AND COORDINATION Owner shall be responsible for'performance of the covenants set forth herein. Unless specifically provided in this Agreement to the contrary, all submittals to Firestone and acceptances required of Firestone in connection with this Agreement shall be submitted to, or rendered by, the Town Administrative Official, who shall have general responsibility for coordinating development with Owner. III. PUBLIC USE DEDICATION Owner shall convey to Firestone certain lands as described as open space and park in "Exhibit A" attached hereto and incorporated herein by reference. Conveyance of these lands shall be by plat 2020 09-23 Town DRAFT dedication in form and substance acceptable to Firestone. If not already conveyed, conveyance shall be made within thirty (30) days of the date of this Agreement. Owner shall also furnish at the time of conveyance, at its own expense, an ALTA title policy for all interest(s) so conveyed, subject to acceptance by the Town of Firestone. The property shall be free and clear of liens, taxes and encumbrances except for ad valorem real property taxes up to the date of dedication to the Town, but subject to all easements, rights -of -way, reservations, restrictions or other title burdens of record. IV. PUBLIC AND COMMON FACILITIES IMPROVED Owner agrees to design, construct and install according tol improvements and common facilities specifically regulated�a including, but not limited to, street, alley, curb, gutter, sidewalks, street lights, water, waste water, storm sewer and' drainage improvements on and off of the Development (hereinafter "Publ Facilities") and as described in "Exhibit B" attached'hereto and awn accepted plans, all public ecessary for the Development landscaping, irrigation, fencing, improvements, trails and park to dedicate said improvements to Firestone, of others for the common year guarantee for all improvements constructed., `\ /'N' A. Construction Standieds_ Owner shall construct allimpr( improvements constructed in rel, specifications accepted in writm current Design/Standars and ("Standards and' Specifications"), rents" and "Common hereof. Owner agrees ies, and give a two (2) e&,by this Agreement, and any other -l'opr lent, in accordance with plans and andin full conformity with Firestone's )ecifications, for Public Improvements B. Engineering and Consulting Services Owner agrees to furnish, at its -expense, all necessary engineering and consulting services ree afing to the design\and construction of &"\Development, including but not limited to, •street, alleys curb,.gutter, sidewalks landscaping, irrigation, fencing, street lights, signage, water, waste w ter, storm sewer and dra ni age improvements, trails and park improvements. Said engineering and consul in\services shall conform to the standards and criteria for Public Improvements \established and accepted by Firestone. These services shall be perfor�med`by or under -the supervision of a Registered Professional Engineer and/or RegistereLand Surveyr,)or other professionals as appropriate, licensed by the State of Colorado, and in, accordance with applicable Colorado law. The design services shall include inspection services deemed necessary by Firestone. C. Plan Submission and Acceptance Owner shall furnish to the Town Administrative Official the required fees and complete plans for all improvements and development phases. Firestone shall issue its written acceptance or rejection of said plans as expeditiously as reasonably possible. Said acceptance or rejection shall be based upon the standards and criteria for Public Improvements as established by Firestone, and Firestone shall notify Owner of all deficiencies which must be corrected prior to acceptance. All deficiencies shall be corrected and said plans shall be resubmitted to and accepted by Firestone prior to 2020 09-23 Town DRAFT 2 construction. All acceptances required hereunder from Firestone shall be made by the Town Administrative Official. D. Public Improvement Permits ("PIP") Before the construction or installation of any improvements, Owner shall obtain a PIP from Firestone as provided in the Code. The PIP application, fees, plans, specifications and any other data filed by Owner will be reviewed by Firestone. If found to be complete and in accordance with Firestone's current Standards and Specifications and other pertinent requirements, Firestone will issue Owner the PIP. Owner shall reimburse Firestone for any additional expenses incurred by Firestone for the/review of plans or inspection of construction work by consultants engaged by Firestone/for that purpose. The Developer shall also apply and pay for a PIP for all common facilities. E. Licensing of Contractors and/or Subcontractors Owner shall ensure that all Contractorsrand subcontractors employed by the Owner shall be licensed by the Town before any work `on the Improvements`sis% commenced. F. Testing and Inspection \ Testing and inspection of the •construction af&iinaterials shall be in\-ccordance with Firestone's current Standard's and Spe`ifications: lin,addition, Owner shall employ, at its own expense, a licensed and registerdd,testing company; to perform all testing of materials or construction that may be requitedbyFirestone Owner, shall furnish copies of test results to the Town Administrative Official 'on a tnnely basis for,,re'vi ew and acceptance prior to commencement or continuation of that particular phase -of construction. At all times during said construction; Firestone shall have,access,to inspect the materials and workmanship of said construction and all materials and,. work not conforming to the accepted plans and specifications shall 6e�repaired-or removed and replaced at Owner's expense so as to confoSrmto the.aacccepted'pla s and specifications. All"work shown on the acc pted plan requires plans inspection by the Engineering Division. Except Town of Firestone holidays, inspection services are provided Monday through Friday; from 8:00 a.mtol4:00 I'll ;m� During the hours listed above, inspections shall be scheduled a,minimum of 24 hours inadvance with the Engineering Division. Requests for inspection\services beyond the hours listed above shall be submitted a minimum of 48 hours in advance,in writing to the Town Engineer for acceptance. Owner shall reimburse the Town for all-dir`ect costs of the after-hours inspection services. If the request is denied, the work shall not proceed before or after the hours listed above. Common Facilities shall have inspections performed by a professional consulting service acceptable to Firestone. At all times Firestone shall have access to inspect the materials and workmanship of the Common Facilities if deemed necessary by Firestone. Inspection services for landscaping will also include the selection and tagging of plant materials prior to delivery to the site. Landscape and irrigation inspection services shall conform to the Firestone's current Standards and Specifications or Development Code. 2020 09-23 Town DRAFT 3 G. Rights -of -way, Easements and Permits Prior to commencement of construction of Public Improvements that require additional rights -of -way to be acquired, Owner shall acquire at its own expense and convey to Firestone, all necessary land, rights -of -way and easements required by Firestone for the construction of the proposed improvements related to the Development. Owner is only obligated to acquire that portion of land, rights -of -way and easements necessary for the construction of Public Improvements, roads and utilities required by this Agreement. All such conveyances shall be free and clear of liens, taxes and encumbrances and shall be by Special Warranty Deed or easement in a form and sub tance acceptable to Firestone. All title documents shall be recorded by Firestone/at- Owner's expense. Owner shall also furnish, at its own expense, an ALTA. title insurance .,olicy for all interest(s) so conveyed, subject to acceptance by Firestone. Owner shall be responsible for obtaining the following to the -,extent applicable: 1. All permits as required by the,,United States Corps of Engineers. 2. Colorado Department of Health `and Environment ("CD1HE") "General Permit for Stotmwafer.DischargesA ociated with Construction Activity", required during onstr-uction 3. T,own of,Fireston6` 'Stormwater Quality�P�ermif' per Firestone's current is &—shalHu�ish andinstall, at its own experise, the street improvements in conformance the drawings, plans and sppcifications`accepted by Firestone and in accordance with I. `Sidewalk Improvements Owner sh`all\furnish and. iinstall, at its own expense, all sidewalk improvements in conformance i h the drawings, plans and specifications accepted by Firestone. J. Street Signs, Tr`affie Signs, and Striping Owner will furnish and install at Owners expense street name signs, striping, stop signs, speed limit and other signs on all streets, in accordance with the Manual of Uniform Traffic Control Devices, as from time to time amended, and other applicable legal requirements. K. Street Lights Owner shall furnish complete plans for street lighting to be reviewed and accepted by Firestone. The total cost of street light installation shall be Owner's obligation. Owner shall cause, at its own expense, United Power to install all required street lighting pursuant to 2020 09-23 Town DRAFT 4 United Power plans and specifications as submitted to and accepted in writing by the Town Administrative Official. Said street lights shall be installed concurrently with the streets on which they are located. The type of street lights shall be accepted by Firestone. Street lights shall be operational before the streets are open to the public. Owner shall be responsible for payment of all utility billing for street lights prior to Final Acceptance. L. Water Improvements Owner shall furnish and install all water mains, lines, and appurtenances in conformance with the drawings, plans and specifications accepted by Firestone. M. Wastewater Improvements Owner shall furnish and install all sewer lines and appurtenances in conformance with the drawings, plans and specifications approved bythle- fSt`.'Vrain Sanitation District. N. Drainage Improvements 1. Drainage improveme Owner in accordance with Firestone. Unless otherwE be initiated by`Owner until by the issuance f t e�PIP. during and aftenpo er-lot gi for the Development\shall be constructed by .wings, plans and specifications accepted by pproved b Town, over4ot`grading shall not stone approves drainage improvement plans vnershall provide temporary erosion control as until the. site is stabilized. tall be constructed by the plans. 3. `Owner shall be responsible\for obtaining a CDPHE "General Permit for Stormwater Discharges Associated with Construction Activity" required ,durmg�construction.:zA copy,\ofhis permit shall be submitted to Firestone. 4. Owner 1agrees that all construction shall be in conformance with any and all National, ollutant Discharge Elimination Systems (NPDES) standards \� including compliance with and applicable NPDES and CDPHE permits issued to the Owner, applicable to the Development. The Owner further \ \agrees that in the event there is any violation of such standards or permits issued, if the Town, as a result of the Owners actions, is subject to or is given/6 monetary fine, penalty or any type of obligation is imposed; such circumstance will constitute a default under the terms of this Agreement. Failure of the Owner to cure the default by reimbursement to the Town, upon notice to cure as required by Section X.0 herein, shall result in a default of this Agreement. 5. Owner shall be responsible for obtaining a Town of Firestone "Stormwater Quality Permit" per Firestone's current Standards and Specifications. 6. All drainage improvements not located on Town owned property shall be 2020 09-23 Town DRAFT maintained by the Owner, {HOA Name} ("HOA"), {Metro District Name}, maintenance district, or final property owner (the "Obligated Entity"). Drainage improvements may include, but are not limited to: landscaping, open areas, grass, shrubs, trees, retaining walls, sidewalks, ponds, pipes, underdrains, swales, drain pans, and inlet and outlet structures. 7. Owner shall include the Obligated Entity in the final inspection procedures for the drainage improvements and shall provide Firestone with the Obligated Entity's written acceptance of the maintenance responsibility for the drainage improvements prior to FinallAcceptance. O. Landscape Improvements For public lands, common facilities, and complete final landscape and irrigation p Firestone prior to commencement of; co improvements as required in the landscape accepted by Firestone. Landscape plansn, single-family residential lots. For all de single-family detached development, Owner plans to the Town Administrative� �Official for improvements. \ \� rights-of-way,`NOwner shall furnish Firestone in 36r each phase and obtain acceptance by struction. Owner shall construct landscape plan before the constructed improvements are not be provided for,private landscaping on ipment ,and Common Facilities other than shall furnish final landscape and irrigation acceptance prior to installation of landscape P. Utility Coordination and`In'stallation \ Owner shall be r fponsible,for coordination of and payment -for installation of on -site and off -site elec6i ,\treet lights, natural,�gas� elephone; cable television and other such utilities. All new : \d existing utilities s all be placed underground as required by the Firestone e Municipal Q de'("Code") prior;to t e issuance of any building permit for the Development�Necessary aboveground appulen ances (meters, transformers, etc.) shall be carefully located with Xmaximum aesthetic considerations, and outside of any sight triangles. Any aboveground appurtenances at will be visible from the public rights -of - way, shall be screened,,Xromxview. Screening shall consist of landscaping and/or, low fending shall be installed�,in accordance with the Firestone Development Code. Specifics of the screening requirements shall`be reviewed with the Landscape Plans and as amended once util ties are installed. Q. Undefdrafns The Owner may choose to install foundation underdrains and a site wide underdrain collection system under the sanitary sewer system. The Town grants the use of Town owned right-of-way for these facilities but the Town assumes no maintenance responsibility for the facilities. These underdrain systems shall be maintained by the Obligated Entity. The Owner shall install a curb underdrain system pursuant to the Standards and Specifications and as shown on the Town accepted construction plans. This system shall be maintained by the Town. 2020 09-23 Town DRAFT 6 R. Maintenance Definition Maintenance is the process of preserving capital improvements, structures, development, or systems to meet its function or original intent of the facility. This is the preservation, conservation, keeping in good conditions, operating safely, operating efficiently, testing, inspection, servicing, repairing, grading, cleaning, picking up trash and debris, pest control, painting, mowing, pruning, and prolonging of these facilities. Maintenance also includes the provision of financial support to maintain the facilities. Facilities include but are not limited to: landscaping, open areas, grass, shrubs, trees, playgrounds, site furniture and fixtures, retaining walls, signs, sidewalks, drainage structures such as ponds, swales, drain pans, inlets, and outlet structures. ,I Maintenance may involve many different number and types of companies, services, individuals to look after the facility and thetabilittyto coordma`te these efforts. Maintenance includes both routinely scheduled activities; as well as non-rou i e repairs that may be required. A maintenance plan should be prepared \nand submitted as part''of`the development review/approval process analbe provide7to\``1K Obligated Entity, -responsible for maintenance activities. �. V. IMPROVEMENT ACCEPT A. InitialAcceptance-\ No later than ten (10) days after Public Improvements and/or Common Facilities are substantially complete, Owner shall request of the Town Administrative Official an inspection by Firesso e. If`Owner.�does not request this inspection within ten (10) days of completion of the Public Improvements and/,o_r,Common Facilities, Firestone may conduct the `nspection withoutethe,,approval of`Owner. Owner shall provide Firestone with ,co plete "as-builfXdrawings . a form as�def ned in Firestone's current Standards and Specifications. I?'Owner has not completed appropriate Public Improvements and/or Common n Facilities as provided'for in this Agreement, Firestone may exercise its right to secure performance as provided in Section X.0 of this Agreement. If Public Improvements and/or Common Facilities completed by Owner are satisfactory, the Town Administrative Official shallNgrant "Initial;Acceptance," which shall be subject to "Final Acceptance" as set forth herein'\ If\Public Improvements and/or Common Facilities are not satisfactory, the Town Admi in strative Official shall provide written notice to Owner of the repairs, replacements, construction or other work required to receive Initial Acceptance. Owner shall complete all needed repairs, replacements, construction or other work within thirty (30) days of said notice, weather permitting. After Owner completes the repairs, replacements, construction or other work required, Owner shall request of the Town Administrative Official a re -inspection of such, work to determine if Initial Acceptance can be granted, and Firestone shall provide written notice to Owner of the acceptability or unacceptability of such work prior to proceeding to complete any such work at Owner's expense. If Owner does not complete the repairs, replacements, or other work required 2020 09-23 Town DRAFT 7 within thirty (30) days of said notice, Firestone may exercise its rights to secure performance as provided in Section X.C. of this Agreement. Firestone reserves the right to schedule re -inspections. No "Certificate of Occupancy" will be issued by Firestone prior to Initial Acceptance without written approval from the Town Administrative Official. Additionally, for Common Facilities, the Owner shall include the Obligated Entity in the final inspection procedures and provide Firestone with written acceptance of the Common Facilities for maintenance from this final Obligated Entity. B. Maintenance of Improvements 1. Warranty f Owner shall provide Firestone with: a warranty starting from the date of Initial Acceptance until the date Final=Acceptance. This warranty period shall be for a minimum of ttwo (2) years or until eighty percent (80%) of the building permits have been issued for the phase, whichever occurs later, on all Public Improvements and shall provide a two (2)�year Warranty to the Obligated Entity for the Common Facilities. \ 2. Maintenance of-1mprovemen\ts//> For the entire�Warranty period,�Owner shall, at its own expense, take all actions necessary`to-, ntain said\Public Improvements and make all needed repairs or�-replacements whkh,\in the reasonable opinion of Firestone, shall become necessary, except that Firestone shall be re (sponsible\for snow\rem� al on -publicist ets. If within thirty (30) days aafter Owners receipt of`written notice from Firestone requesting such `repairs or replacements,Owner has not completed such repairs, Firestone may exert se .its, -rights to secure performance as provided in Section X.0 of ,,-this Agreement �In the event that said repair is solely determined by the --'`', j%-wn to be an emergency, the Town may immediately complete said repairs and invoice the Owner the-Town's actual costs. The owner shall reimburse the Town within sixty (60) days after receipt of written notification or repair and supporting documentation from the Town Administrative Official. No ~` acceptances, shall be issued until Owner has made full payment for said C. Final Aceeptance' At least thirty (30)-,days before the Warranty period elapses from the issuance of Initial Acceptance, or as soon thereafter as weather permits, Owner shall request a Final Acceptance inspection in writing. The request shall be made to the Town Administrative Official. The Town Administrative Official shall inspect the Public Improvements and shall notify Owner in writing of all deficiencies and necessary repairs. After Owner has corrected all deficiencies and made all necessary repairs identified in said written notice, the Town Administrative Official shall issue to Owner a letter of Final Acceptance, as soon as reasonably possible thereafter. If Owner does not correct all deficiencies and make repairs identified in said inspection to Firestone's satisfaction within thirty (30) days after 2020 09-23 Town DRAFT receipt of said notice, weather permitting, Firestone may exercise its rights to secure performance as is provided in Section X.0 of this Agreement. If any mechanic's liens have been filed with respect to the Public Improvements, Firestone may retain all or a portion of the Improvement Guarantee up to the amount of such liens. If Owner fails to have Public Improvements finally accepted within two (2) years of the date of the issuance of Initial Acceptance or any Public Improvements are found not to conform to this Agreement, and Firestone's current Standards and Specifications, then the Owner shall be in default of the Agreement and Firestone may exercise its rights under Section X.0 of this Agreement. D. Reimbursement to Firestone 1/ In the event it becomes necessary for Firestone td ci and/or Common Facility improvements due to the/failui Improvements and/or Common Facility improver construction, repairs, replacements, or other work with Guarantee, in which event Owner shall=r'eimb`urse Fir( receipt of written demand and supportng'documentati Official. If Owner fails to so reimburse\Firestone, thei Agreement and Firestone may exercise it rights under VI. IMPROVEMENT GU nplete the Public Improvements of Owner to complete said Public nts, Firestone may complete ands,other than the Improvement tone within sixty (60) days after n from.the�Town Administrative Owner shaIl 'be in default of this ection X.0 of�this Agreement. A. Public Improvement and` Common�Facilities"Schedule Owner has submitted -the certified,,Public Improvement and`Common Facilities Schedule f N r shown as "Exhibit,B' �atillied hereto and incorporated,herein by reference. Said exhibit generally identifies those,Public Improveme is to b641iirnished, installed or constructed relative to the Development. Omission�oflany improvement from "Exhibit B" does not relieve Owner frorm responsibility for\furnishing, installing or constructing such improvement: �,�The Owner,,-9ha1l- list --,all Common Facilities separately and subtotal B:, ' Improvement. Guarantee Owner shall submit to �the;Town Administrative Official an Improvement Guarantee for all Public 'Improovements 'to Final Plat prior to recordation of this agreement. Said guarantee maybe in cash or a letter of credit in form and substance. 1. Said,,Iiiiprdvement Guarantee shall include, but not be limited to, street, curb;,,gutter, sidewalks, landscaping, fencing, street lights, water, sewer, storm sewer and drainage improvements, trails and park improvements on or off the Development. 2. The total amount of the guarantee for the Development shall be calculated as a percentage of the total estimated cost including labor and materials of all Public Improvements to be constructed in the Development as described on "Exhibit B." The total minimum amounts are as follows: 2020 09-23 Town DRAFT 9 a) Prior to commencement of construction of Public Improvements and Common Facilities improvements: 115% of the amount(s) shown on "Exhibit B." b) Upon Initial Acceptance of the Public Improvements in each phase through Final Acceptance: 25% of the amount(s) shown on "Exhibit B." The guarantees may be reduced on a phased basis as shown on "Exhibit D." c) Upon Initial Acceptance of Common Facilities: 0%. d) After Final Acceptance of Public Improvements: 0%. The guarantees may be released n a phased basis as shown on "Exhibit f 3. In addition to any other rembdies it may have, Firestone may, at any time prior to Final Acceptance., r'aw on anyJettter of credit or Improvement Guarantee received pursuant�to'this Agreement. �� 1 In the event that,�a) he Owner f fails to extend or replace the letter of credit at least sixty (60) days priorto expiration -,.of such letter of credit, b) the letter of credit is set to expire; ).Firrestone receives notice that the letter of credit will not -be renewed, d) the entity issuing the letter of credit becomes non - qualifying\; or e) the lever of credit- in the sole determination of Firestone, t is,at risk 0being lost as�alguarantee, tlien„in any of these events, the Owner ohallbe m default of this,.Agreement and Firestone may immediately draw on the letter of credit for the full amount of the letter of credit. In such event ------ as identif edtlierein no notice�or prior notice shall be required prior to �.drowin on the letter of. rc odi6 The Town rn `y libld the funds obtained from the letter of credit until the Public\Improvements. and Common Facilities as set forth on "Exhibit B" are completed andacceptedby the Town. In the event the Public .Improvements and Common Facilities are not completed by the Owner within the time period set forth in this Agreement or in the manner as required by this Agreement, the Town may, at its sole discretion, use any or all of'tthe funds to complete some or all of the Public Improvements and Common Facilities. In any event, the Town shall have no obligation to complete any or all of the Public Improvements and Common Facilities. Owner is further subj ect to the provisions of Section X.0 of this Agreement, as well as the suspension of development activities by Firestone including, but not limited to, the withholding of building permits and certificates of occupancy. In the event that the cost of the Public Improvements and Common 2020 09-23 Town DRAFT 10 Facilities and construction is reasonably determined by Firestone to be greater than the amount of the security guarantee provided by the Owner to the Town, then Firestone shall furnish written notice to Owner of the condition, and within thirty (30) days of receipt of such notice Owner shall provide Firestone with a substituted qualifying Improvement Guarantee, or augment the deficient security as necessary to bring the security into compliance. If Owner fails to provide Firestone with a substituted qualifying Improvement Guarantee, or augment the deficient security as necessary to bring the security into compliance, then Owner is in default of this Agreement, without further notice, a d is subject to the provisions of Section X.0 of this Agreement, as well' as the suspension of development activities by Firestone including; but not limited to, the withholding of building permits and certificates offoccupancy. 4. If Firestone draws on the 11 Public Improvements and 1 not utilized in correcting tl shall be returned to Owner said Public Improvements 5. Building Permit Res"trie.6 Owner agrees that the execs construction plans;'orb the Aonstruction:of the Public h a) of credit to correct deficiencies or complete :non Facilities, any portion of said guarantee -ficiencies and/or completing improvements :in thirtyy (3:0) days after,Fi� Acceptance of CO MO Facilities. wof his Agreement, the Town's approval of ri's, issuance Hof any type of permit for ovements does not in any way, constitute an )cations -or building permits. and acknowledges that the expenditure ion and installation of any Public ments`priorMo`approval of building permit allocations or \permits is ._exclusively at the Owner's risk. The Town the.right, in exercise of its police power, to choose not to .lding permits, or otherwise restrict or condition the granting ng permits for the Development based on current or future ns or ordinances of the Town. Unless specifically restricted tioned by current or future resolutions or ordinances of the building permits may be granted once all Public ments for the development or within each Phase of the development are operational as solely determined by the Town. b) Upon written request of the Owner, at the sole discretion of the Town, the Owner may begin construction of the Public Improvements without furnishing an Improvement Guarantee, as provided in this Agreement, upon the following conditions: i. The Owner has not transferred title to any portion of the 2020 09-23 Town DRAFT 11 Development. ii. The Owner shall be required to obtain Initial Acceptance of all Public Improvements for the development or within each Phase of the development prior to the issuance of a building permit. iii. After the Owner begins construction of the Public Improvements, if the Public Improvements remain unfinished for a period of one (1) year from the date this Agreement becomes effective, the Town shall require an Improvement Guarantee in accordance with this Agreement in lieu of/he building permit restriction required by thisSubsection. The Owner will have fifteen (15) days to provide'.tHe Town such an Improvement Guarantee, or the Town,,may issue a stop work order to remain'/inffect until the -Improvement Guarantee is provided' to the Town. Tlie�Town Administrative Official., 'at their sole discretion; may grant a single extension,of'up tone (1) additional,year. '' The Owner shall' not ransfer title to any portion of the iv: , vello`pment pr�or to Initial Acceptance being granted by the Town or upon providing the Town an \&o ement Guarantee in accordance with this c)` Upon the Towris Initial Acceptance of the Public Improvements, which shall include receipt of the Improvement Guarantee as outlined in Section NQ.B, this,building permit restriction shall be removed. VII. OVERSIZING AND REIMBURSEMENT' Firestone may require Owner to build�utility 1 ni es -and other infrastructure large enough to serve property'•other\than Owners�(oversizi g). Firestone may also require Owner to construct or participate in the constructiomof certain off -site Public Improvements. Certain such improvements qualify for reimbursement pursuant to the policies of Firestone. A. Reirnbu'rsement due to Owner for Qualifying Public Improvements Owner is entitled to,reimbursement for the oversize part of utilities and other infrastructure and/or a pro-rata portion of the cost of off -site Public Improvements. At the time of final approval of a subdivision plat or other development plans for properties that use these utilities or Public Improvements, Firestone will require as a condition of approval, a proportional reimbursement to Owner as described in "Exhibit C," attached hereto and incorporated herein by this reference. Nothing contained in this Agreement shall operate to create an obligation on the part of Firestone to pay or reimburse any costs to Owner in the event such costs are not recovered by Firestone as contemplated herein, for any reason, from the properties or property owners that use the utilities or Public Improvements, so 2020 09-23 Town DRAFT 12 long as Firestone has made a good faith effort to recover such costs. B. Reimbursement due from Owner for Qualifying Public Improvements Constructed by Others Owner will be required to reimburse Firestone or others who have constructed oversized utilities and other infrastructure that will be utilized by Owner's property. The amount of the reimbursement due, if any, is described in "Exhibit C. " VIII. MISCELLANEOUS CONSTRUCTION STAND A. Trash, Debris, Mud Owner agrees that during construction of the Development and improvements described herein, Owner will take appropriate steps necessary to'control trash, debris and wind or water erosion in the Development. If Firestoneietermines.that said trash, debris or wind or water erosion causes substantial damage or injury or creates a nuisance, Owner agrees to abate said nuisance in accordance with Ordinances but,no.later than twenty-four (24) hours after notification of said nuisance. If Owner does not abate said nuisance, Firestone may abate the nuisance and/or correct anydrainage or injurywithout notice to Owner, at Owner's expense _Owner also agrees' totakeany and alKreasonable steps necessary to prevent the transfer of -mud or debris from the construction site onto public rights -of -way and to immediately remove such mud an`d debris from public rights -of -way after notification by Firestone. If Owner-does--noo abate or,if an emergency exists as solely determined by he�Town, Firestone may ab t at Owner's expense. Owner is further subject to the provisions/of-Section X.C�of�this Agreement, as well as the suspension of development" -activities by, Firestone \ ncl ding, but `not) limited to, the withholding of building permrts� nd certificates of occupancy. The,,op'eratibn of`construction equipment outside an enclosed structure shall be prohibited onAweekdays betweeen the hours 7:00 p m. and 7:00 a.m. With the prior written approval ofthe Town Administrative Official, the operation of such equipment outside an enclosed stru\ ,may be permitted on weekend days and legal holidays between the hours of 8:00 a.m. and14:00�p.m. The\Town Administrative Official may alter the hours of operation for good cause. All construction activities shall operate in accordance with all Town codes, ordinances, drid`policies in regards to sound and noise. Failure to comply with this provision may result -in the Owner to subjected to the provisions of Section X.0 of this Agreement, as well asthe suspension of development activities by Firestone including, but not limited to, the withholding of building permits and certificates of occupancy. IX. SPECIAL PROVISIONS A. Transportation {Describe major on/off site transportation improvements} B. Phasing Map ("Exhibit D") 2020 09-23 Town DRAFT 13 The Development shall be constructed as outlined in "Exhibit D". All Public Improvements within each phase shall be installed and operational as solely determined by the Town prior to the Town issuing building permits. Each Phase shall have two points of access, a looped water system, and shall have the appropriate sanitary sewer substantially completed and operational, as determined by the Town, prior to the issuance of any building permit for that Phase. No building permits may be issued within any subsequent phase until Public Improvements in the previous phase are installed and operational as solely determined by the Town. C. Dedication of Open Space Owner shall pay a fee in lieu of open spa f and Hdedication for {#} acres of open space. The fee in lieu payment is outlined in "Exhibit C." D. Installation of Parks, Landscaping and Trails \. Owner shall design and construct/{:Park, Landscape, Trail-,ImprovementsI on Tracts {_} as shown on the accepted construction plans. Owner shall purchase a water tap and pay necessary raw water dedication fees for Tracts {_}� E. Maintenance of Par-ks; Trails, O`penl\Space an'd Landscaping Tracts {_} shall be maintained by the ObligatedEntity. F. Maintenance of Vacantots� Owner shall -be -responsible for maint� ce, including weed control, on all lots until such time -the lots are sold`to ajhomeowner•., G. I. J. Fencing within the 'Development'shall be installed in accordance with Title 16 of the —Code. Utilities ;\ \ \ Owner shall, provide .the Town with all necessary permanent and temporary `drainage and utility easements prior to construction. site water improvements} 1. The Metropolitan District Disclosure statement indicating the existence of a Title 32 Metropolitan District ("Exhibit F") shall be signed by the property owner purchasing a new home from a homebuilder with execution of the sales contract for the property. 2. The Oil and Gas Well Disclosure is evidenced by the recordation of the existing Surface Use Agreements and various Letter Agreements with the Oil and Gas companies. A statement indicating the existence of such 2020 09-23 Town DRAFT 14 0 documents ("Exhibit G") shall be signed by the property owner with the execution of the sales contract for the property. MISCELLANEOUS TERMS A. Ground Water Dedication As provided by Firestone ordinances, all tributary and not non -tributary ground water rights not already transferred to Firestone shall be dedicated to Firestone at the time of Final Plat recordation. Transfer of the water rights shall be by Special Warranty Deed tendered to Firestone prior to signatures being affixed to this agreeme't. B. Default If Owner fails to fulfill the terms and cot discretion, may declare Owner in default of credit provided for in Section VI, ad( Firestone in law and equity. Firestoneanz certificates of occupancy, or provision, completion of the Public Improvements ai cured by Owner. Any costs incurred by F: administrative costs and reasonabl -attor breach by Owner shall be p, Improvement Guarantee. Fire hereunder by an action for performance, .or an -action to Y deemed exclusive but shall; law or in equ W:, If in itioiis of this Agreement, Firestone, in its sole .id may call the security and draw on the letter nay further ex re cis'eall remedies available to also, withhold any additional building permits, f\new utilities fixtures or services until the :Common Fa ilities and/orat default has been ;stone; including, but not limited to, reasonable y's fees; `in pursuit of any remedies due to the Firestone may deduct these costs from the ve the right�to enforce the Owner's obligations 1e remedy, including injunction or specific ;es�No remedy or election hereunder shall be ,ible. be cumulative with all other remedies at fails,to fulfill theterms.and conditidns of Section VI of this Agreement, or any netary, security o`r,,surety `defau�t�Firestone, in its sole discretion, may declare default' nd may immediately all -the security due and draw on the letter of credit for in Sectlon'lUl without notice to Owner, and may further exercise all remedies Jo Firestone'in law and,equity and as provided for herein. C. In`surance and Safety Owner shall,'through contract requirements and other normal means, guarantee and furnish to Firestone proof there9fthat all employees and contractors engaged in the construction of improvements are covered by adequate Workman's Compensation Insurance and Public Liability Insurance, and shall require the faithful compliance with all provisions of the Federal Occupational Safety and Health Act (OSHA). D. Indemnification and Release of Liability Owner agrees to indemnify and hold harmless Firestone, its officers, employees, agents, or servants, and to pay any and all judgments rendered against said persons on account of any suit, action, or claim caused by arising from, or on account of acts or omissions by Owner, its officers, employees, agents, consultants, contractors, and subcontractors, and/or suit, 2020 09-23 Town DRAFT 15 action, or claim resulting from mineral right disputes and/or Owner's failure to abide by the terms of this Agreement, and to pay to Firestone and said persons their reasonable expenses, including but not limited to, reasonable attorney's fees and reasonable expert witness fees, incurred in defending any such suit, action or claim. Owner's obligation herein shall not apply to the extent said suit, action or claim results from any acts or omissions of officers, employees, agents, or servants of Firestone or conformance with requirements imposed by Firestone, said obligation of Owner shall be limited to suits, actions, or claims based upon conduct prior to Final Acceptance by Firestone of the construction work. Owner acknowledges that Firestone's review and acceptance of plans for development of the Development is done in furthera ce of the general public's health, safety and welfare and that no immunity is waived and no/pecific relationship with or duty of care to, Owner or third parties is assigned by}sureview acceptance. E. Recording Agreement ,� Firestone shall record this Agreement at`Owner's expense the office of the Clerk and Recorder, County of Weld, State of((Col ado, and Firestone shall retain the recorded Agreement. \ \\ F. Binding Effect of Agreement 11 This Agreement shall be binding upon and successors in interest, or their ,legal-rUresent and subsequent owners of any lots, or parcel covenants running with the land: \Ov hereunder until written notice to the Tc said obligations to a su cessor, accompE the successor, have`been received by Firc as required by Paragraph XX.H-has been the -County Clerk &Recorder of ­Weld the cond ns prec dent�herein, this Agr G. \ Assignment, Delegation -and Notice the benefit of the parties, their hiding all developers, purchasers ie,Pronerty. and shall constitute hall -.not 661, released from its obligations drninistrativc ` Official of the assignment of ywritten acceptance of such obligations by and consent to such assignment by Firestone -d. This Agreement shall be recorded with Colorado, at Owner's expense. Subject to 1 may be enforced in any court of competent Owner shall.,provide to the�Town Administrative Official, for consent, written notice of. 1) any proposed transfer ofjtitle to all or any portion of the Development, 2) arrangements for delegation obtransfer of the Improvement obligations hereunder to any successor, and 3) successor's written,acceptance of such Improvement obligations. Notwithstanding the forgoing, Owner ink' sell developed lots or all of the multi -family tracts without Firestone's consent, provided that the purchaser deposits with Firestone all guaranties, security and sureties required under this Agreement. Until the Town Administrative Official provides written consent to the assignment, Owner and Owner's successors and assigns shall be jointly and severally liable for the assigned Improvement obligations. Firestone may withhold its consent in the event it reasonably determines that the Improvement obligations or any constituent element of this Agreement may not be fulfilled through assignment or that the benefit of Firestone's bargain under this Agreement may be materially and adversely impaired by such assignment. 2020 09-23 Town DRAFT 16 H. Modification and Waiver No modification of the terms of this Agreement shall be valid unless in writing and executed with the same formality as this Agreement, and no waiver of the breach of the provisions of any sections of this Agreement shall be construed as a waiver of any subsequent breach of the same section or any other sections which are contained herein. I. Addresses for Notice Any notice or communication required or permitted thereunder shall be given in writing and shall be personally delivered, or sent by United States mail, postage, prepaid, registered or certified mail, return receipt requested, addressed as follows: Firestone: Town of Firestone f { Owner N }� Town Manager ,f {Onwer's ContactN'ame &Title} P.O. Box 100 {Owner;s.Address} ' Firestone, CO 80520 William P. Williamson and Hayash 1650 38th Street, Suited Boulder, CO 80301 ill With a copy to such other addre designated in wrrtmg,by the applic shall -be -effective non -mailing or {,Owner's,City, State Zip Code} t{Owner's Attorney Name} \ {Owwer , ttomey's Firm} {F.irm's Address} {Firnz,'s City, State Zip Code} tt" ention of'such other person(s) as hereafter in conformance with this procedure. Notices elivery in compliance with this paragraph. I Force Majbure Whenever Owner is required,to complete construction, maintenance, repair, or replacement of improvements by an agreed�uon deadline, Firestone shall grant a reasonable extension of tirrie�f the performance,cannot,a's a practical matter, be completed in a timely manner due to Acts of God or other circumstances constituting force majeure or beyond the reasonable control of Owner. K. Approvals,_ % Whenever approval or acceptance of a matter is required or requested of Firestone pursuant to any provisions of the Agreement, Firestone shall act reasonably in responding to such matter. L. Previous Agreements All previous written agreements between the parties, their successors, and assigns, including, but not limited to, any Annexation, Pre -Annexation Agreement, or Development Agreement shall remain in full force and effect and shall control this Development. If any prior agreements conflict with this Agreement, then this Agreement controls. 2020 09-23 Town DRAFT 17 M. Title and Authority Owner warrants to Firestone that it is the record owner for the property within the Development. The undersigned further warrant having full power and authority to enter into this Agreement. N. Severability If any part, section, subsection, sentence, clause or phrase of this Agreement is for any reason held to be invalid, such invalidity shall not affect the validity of the remaining sections of the Agreement. The parties hereby declare t at they would have ratified this Agreement including each part, section, subsection/ sentence, clause or phrase thereof, irrespective of the fact that one or more parts, sections, subsections, sentence, clauses or phrases be declared invalid. 77 O. Legal Fees; Venue'` In the event that either party finds it necessary to retain an attorney in connection with a default by the other as to any of the provisions contained in this agreement, the defaulting party shall pay the other's reasonable attorne�;s fees and costs in uc rred-,in enforcing the provisions of this Agreement^`For the resolution of any dispute arising`�he'reunder, venue shall be in the Courts of the C,ounry of,Weld, State of Colorado. P. Agreement Status AfterXinal c ec ptance Upon Final Acceptance,by FirestoneV all ii#V or vements,arid compliance by Owner with all terms and ',conditions of this Agreement, and -provided that no litigation or claim is pending relatingt o this Agreement, this Agreement, with the exception of any maintenance and reimbursement;obligations, shall terminate and no longer be in effect. % and is ner and Firestone, or their successors and not be enforced by, any third parties. FOLLOWING PAGE] 2020 09-23 Town DRAFT 18 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first set forth above. TOWN OF FIRESTONE, COLORADO Jessica Koenig, Town Clerk William P. Hayashi, 2020 09-23 Town DRAFT 19 OWNER: {Owner Name} ON AM STAT com 202 (SEA] {Name} 2020 09-23 Town DRAFT 20 EXHIBITS LIST EXHIBIT A — {FINAL PLAT NAME} FINAL PLAT EXHIBIT B — PUBLIC IMPROVEMENT SCHEDULE EXHIBIT C — PUBLIC IMPROVEMENT REIMBURSEMENT SCHEDULE EXHI EXHI EXHI EXHI 2020 09-23 Town DRAFT 21 EXHIBIT A {Final Plat Name} Final Plat 2020 09-23 Town DRAFT 22 EXHIBIT B Public Improvement Schedule 2020 09-23 Town DRAFT 23 EXHIBIT C Public Improvement Reimbursement and Fee In Lieu Schedule Reimbursements due Owner: 1. Reimbursements due Firestone: Reiml Fee In 2020 09-23 Town DRAFT 24 EXHIBIT D Phasing Plan 2020 09-23 Town DRAFT 25 EXHIBIT E Landscape Maintenance Map 2020 09-23 Town DRAFT 26 EXHIBIT F Metropolitan District Disclosure The undersigned, being the purchasers identified in that certain ("Purchase Contract") dated , 20, between a as seller, and the undersigned, as purchaser, with respect to Block , Lot , (name of subdivision) , Town of Firestone, County of Weld, State of Colorado (the "Lot") do hereby acknowledge and agree as follows, which acknowledgments and agreements are g given in consideration of and as a condition to Seller's agreement to sell to the undersigned the dot and the home to be constructed thereon: Purchaser acknowledges that the Lot "District"). The District has issued or expect'§ to`ss1 revenues produced from annual ad valorem p or pert,, and personal property within the District. The,, acknowledges that it has been advised: that financing the proposed or existing ad valorem ;pr perty tax N.indebtedness, and the potential for aninc er ase m,suc] Purchaser acknowledges that the by the District are in.addition to other ad said Lot. The following examples coral of a Distrr c levying an annual ad va within the bo' nda'ries ofa Distri uct. property with ActuahValue(a�de PROPERTY WITHIN DISTRICT purchased `is within the boundaries of the Titan District, a special taxing district (the to general obligation bonds that are paid by tax levies imposed on allof the taxable real Purchaser\ has been advised and hereby plans of�the District are vailable and detail mill levies of the District servicing such rty tax mill levies imposed other taxing entities against are the tax impacts between a property within the boundaries orem property tax mill levy of 50 mills, and a property not This example is based on a, single-family residence on a ermined by -the County Assessor) of $300,000. TAXI NG`AUTHORITY \ .r MILL LEVY TAX AMOUNT COUNTY �., 25 597.00 SCHOOL DISTRICT NI/ j 48 1146.24 TOWN _ f 18 429.84 FIRE v 12 286.56 LIBRARY 4 95.52 METROPOLITAN DISTRICT 50 1321.76 TOTAL 157 3876.92 2020 09-23 Town DRAFT 27 PROPERTY WITHOUT DISTRICT TAXING AUTHORITY MILL LEVY TAX AMOUNT COUNTY 25 597.00 SCHOOL DISTRICT 48 1146.24 TOWN 18 429.84 FIRE 12 286.56 LIBRARY 4 95.52 TOTAL 107\ 2555.16 IN WITNESS WHEREOF, the undersigned Disclosure this day of , 20_ STATE OF COLORADO ) ss. COUNTY OF ) The 20_, by _ WITNESS my STATE OF COUNTY OF The foregoing 20_, by this Metropolitan District strument was acknowledged'be orb -me tRis-) day of ind'and official seal. expires � � � � \ Notary Public O )� ss� \:f 'st um nt was acknowledged before me this day of WITNESS my hand and official seal. My commission expires: Notary Public '2020 09-23 Town DRAFT 28 EXHIBIT G OIL AND GAS DISCLOSURE The undersigned, being the purchaser(s) identified in that certain ("Purchase Contract") dated , 20 , between , a , as seller, and the undersigned, as purchaser, with respect to Block , Lot , {Final Plat Name}, Town of Firestone, County of Weld, State of Colorado (the "Lot") do hereby acknowledge and agree as follows, acknowledgements and agreements are given in consideration of and as a conditionrof Seller's agreement to sell the undersigned the Lot and the home to be constructed therdori The undersigned hereby acknowledges the well facilities (and the possibility of additional, property encompassed by the {Final Plat Name} si current and possible future oil and gas wells and,re Plat Name}Final Plat, as amended from time to tii gas interests affecting the property m y exist which records. The oil and gas leases and other interests premises which activity may include drilhsites, gat and access roads, all as further described in the of the premises. rit existence of oil and gas wells and related wells and facilities) located within the real vision plat(s) ("Plat'-)` The locations of the d well facilities are\identified on the {Final \In addition to the foregoing, other oil and or may not be recorded in the real property erally permit certain surface activity on the ng pipelines, production sites and facilities, d gas leasesland other documents affecting The undersigned;acknowledge that neither they nor Sellei will own any interest in the oil and gas or mineral estate nderly f g the property comprising {Final Plat Name}. There may be ongoing oil and gas operation andproduction of'oil\and gas within {Final Plat Name}, including in the vicinity of the Lots, as well as'the,exi`stence opipeline easements and access routes across portions of{Final'Plat Na }. Additional�o\ and -gas wells may be drilled, and oil and gas operations,and production will likely take place within {Final Plat Name}, including in the vicinity of the Lots; hich oil and g s\production will affect portions of the surface of the real property comprising{Final Plat Name}:\,Heavy,dlling equipment will be used in connection with the operation and drilling of oil and gas wells within {Final Plat Name}and in conjunction with any production obtained from successor wells. Such operations may be conducted on a 24 hour/seven days a week basis. Owners of.,real�property within {Final Plat Name}will be bound by the terms and provisions of surface use agreements entered into between the surface owners or developer of the land and certain oil and gas owners and/or operators. These surface use agreements contain waivers, including a waiver of surface damage payments, a waiver of setback and waivers of other requirements contained in the Rules and Regulations of the Colorado Oil and Gas Conservation Commission, as well as a waiver of the right by an owner of any portion of the surface of the real property within {Final Plat Name} to object in any forum to the use by oil and gas companies of a portion of the surface of the real property within {Final Plat Name}. The undersigned acknowledges and recognizes the existence of such oil and gas leases and other interests, and the surface activity associated with such oil and gas leases, and the undersigned, 2020 09-23 Town DRAFT 29 to the extent it owns or becomes the owner of real property in {Final Plat Name}, assume the risk of owning property near or adjacent to an oil and gas well operation. Such risks include, without limitation, injury or damage to person and/or property arising out of, or resulting from the drilling, operation and maintenance of an oil and gas well; noise associated with an oil and gas well operation; explosion and fire; leakage of oil and/or gas from drilling or production facilities; vehicles servicing the oil and gas site. IN WITNESS WHEREOF, the undersigned has/have executed this Oil and Gas Well disclosure the day of .20 STAT COUT 20 Witne My C1 STAT COUT 20 Witness my hand and official seal. 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